Answer: A) meeting a customer's expectations doesn't always lead to brand loyalty.
Explanation:
It is possible to meet the expectations of a supplier and the supplier would still move on if they feel like they would get a better deal somewhere especially if the other supplier meets their expectations even better than the first supplier did.
The company in question preferred that it received its parts all at once and the supplier could not do that but they were still able to supply the goods required. They were therefore meeting expectations but not in an adequate enough manner which is why the company found someone better.
Hard qualitative criteria
Explanation:
The qualitative requirements in marketing begin with a quick-term target, in which the qualitative standards: architecture, online distribution platforms, customer satisfaction and e-loyalty are also included.
Briefly, the process of gathering large amounts of data by polls, surveys and voting techniques relates to quantitative market research. Qualitative market research, alternatively, involves trying to determine customer motivation through close analysis ––typically in a tiny group or face-to-face encounter.
Answer: If<em><u> the market price of an I-Pod is $220, there will be a surplus of I-Pods.</u></em>
Explanation:
Given :
= 10×P
= 3,000 - 5×P
The equilibrium will occur where supply is equal to demand
i.e. =
10P = 3000 - 5P
15P = 3000
P = $200
∴<u>The equilibrium price is $200</u>
<em><u>Hence, If the market price of an I-Pod is $220, there will be a surplus of I-Pods</u></em>
A business idea is an idea that one or more people come up with to start a business. The idea will state what the business is, how they think it should be run and what their customer base will be. After a business idea is planned the developer typically develops a marketing plan and from there they try and receive funding or get approval for their business idea.
Answer:
C. Physical distribution.
Explanation:
Physical distribution: It is one of important activity of supply chain, it is included in every step of production, right from supply of raw material to the delivery of finished goods to the customer. Logistic remain a key industry in the economy and physical distribution of product are important for customer satisfaction and maintaining the customer expected services. In physical distribution, it is very important that right goods are delivered to right customer at right time and in right place.
